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A Review on Marketing of OTC Drugs
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Purchase and use of OTC drugs without full knowledge is not only a waste of resources for all stakeholders but can be harmful for consumers. Creating awareness of rational drug use is only possible through continued public education with a broad vision of good health and wellbeing of the society. In developed economies, the four As of marketing has been addressed fairly well but in India, the accessibility and awareness is still on a lower side especially for allopathic OTC drugs .In India, the import, manufacture, distribution and sale of drugs and cosmetics are regulated by the Drugs and Cosmetics Act (DCA) and its subordinate legislation, the Drugs and Cosmetics Rules (DCR).
Keywords
Over the Counter (OTC) Drugs, Pharmaceutical Company, Continuous Pharmacist Education (CPE), Corporate Social Opportunity (CSO), Food and Drug Administration (FDA), Corporate Social Responsibility (CSR), Ottom of Pyramid (BOP).
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- Nirmalya Kumar-"Strategies to fight low cost rivals", HBR, Dec; 2006.
- Richard F. Beltramini-"Consumer believability of information in direct to consumer (DTC) advertising of prescription drugs", Journal of Business Ethics (2006) 63; 333-343.
- Svensson, Goran (2001), "Re-evaluating the marketing concept", European Business Review,V-13,N-2,95- 100.
- Usha Arora and Girish Taneja-"An analytical study of physician's behaviour towards marketing of pharmaceutical products", Indian Journal of Marketing, Nov: 2006.
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- FDA Approves Plan B One-Step Emergency Contraceptive; Lowers Age for Obtaining Two-Dose Plan B Emergency Contraceptive without a Prescription. Fda.gov. Retrieved on 2012-07-04.
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- M.Tolga Akcura, Fusun F. Gonul, Elina Petrova, "Consumer learning and brand valuation; an application on over the counter drugs", Marketing Science, Vol: 23, No.1, Winter 2004, 156-169
- Nirmalya Kumar-"Strategies to fight low cost rivals", HBR, Dec; 2006.
- Richard F. Beltramini-"Consumer believability of information in direct to consumer (DTC) advertising of prescription drugs", Journal of Business Ethics (2006) 63; 333-343.
- Svensson, Goran (2001), "Re-evaluating the marketing concept", European Business Review, V-13, N-2, 95- 100.
- Usha Arora and Girish Taneja-"An analytical study of physician's behaviour towards marketing of pharmaceutical products", Indian Journal of Marketing, Nov: 2006.
- Svensson, Goran (2001), "Re-evaluating the marketing concept", European Business Review, V-13, N-2, 95- 100.
- Usha Arora and Girish Taneja-"An analytical study of physician's behaviour towards marketing of pharmaceutical products", Indian Journal of Marketing, Nov: 2006.
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